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Leveraging Digital Platforms for Circular Economy: A Value Creation View

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Listed:
  • Huifang Wu

    (School of Economics and Management, Xi’an University of Technology, Xi’an 710054, China)

  • Suicheng Li

    (School of Economics and Management, Xi’an University of Technology, Xi’an 710054, China)

  • Wenjing Hou

    (School of Economics and Management, Xi’an University of Technology, Xi’an 710054, China)

  • Xinyi Zhang

    (School of Economics and Management, Xi’an University of Technology, Xi’an 710054, China)

Abstract

The practical role of digital platforms in fostering a circular economy (CE) among businesses remains unresolved. Unlike previous research on digital platforms and firm performance, this study analyzes the bridging function of the value creation system from a value creation perspective. It identifies resources (business model innovation) and relationships with other value creators (closed-loop supply chains) as key elements for achieving CE. Using survey data from 243 firms, this study validates the significant roles of business model innovation and closed-loop supply chains in mediating the relationship of digital platforms to achieve CE. This narrows the theoretical gap and expands value creation-based CE research.

Suggested Citation

  • Huifang Wu & Suicheng Li & Wenjing Hou & Xinyi Zhang, 2024. "Leveraging Digital Platforms for Circular Economy: A Value Creation View," Sustainability, MDPI, vol. 16(24), pages 1-20, December.
    • Handle: RePEc:gam:jsusta:v:16:y:2024:i:24:p:11180-:d:1548192
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    References listed on IDEAS

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    1. Yong Geng & Joseph Sarkis & Raimund Bleischwitz, 2019. "How to globalize the circular economy," Nature, Nature, vol. 565(7738), pages 153-155, January.
    2. Braz, Antonio Carlos & Marotti de Mello, Adriana, 2022. "Circular economy supply network management: A complex adaptive system," International Journal of Production Economics, Elsevier, vol. 243(C).
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